FTAI Aviation Ltd. (NASDAQ:FTAIM) Announces Quarterly Dividend of $0.59

FTAI Aviation Ltd. (NASDAQ:FTAIM) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.5938 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Tuesday, September 1st.

FTAI Aviation Stock Performance

NASDAQ:FTAIM opened at $27.41 on Thursday. The firm’s 50-day moving average is $27.13 and its 200-day moving average is $27.07. FTAI Aviation has a 52-week low of $26.06 and a 52-week high of $27.81.

About FTAI Aviation

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.